Venkatesh Rao / Contraptions: Modern AI panic reflects “cognitive mercantilism”, a zero-sum worldview where intelligence is hoarded as a scarce supply-side commodity managed by elites — AI panic weirdly resembles the anxiety that accompanied early capitalism — I've been reading Joyce Appleby's The…
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October 26, 2026 at 10:55 AM
Modern AI panic reflects "cognitive mercantilism", a zero-sum worldview where intelligence is hoarded as a scarce supply-side commodity managed by elites (Venkatesh Rao/Contraptions)
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Excerpt from Techmeme.